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Somatic Therapy Market Qualitative Insights on Application and Outlook by Size, Share, Future Growth 2030 |Spark Therapeutics LLC, Bluebird Bio, UniQure N.V.

08-01-2023 02:17 PM CET | Health & Medicine

Press release from: INFINITY BUSINESS INSIGHTS

Somatic Therapy Market Qualitative Insights on Application

The worldwide Somatic Therapy market is anticipated to expand at a CAGR of 18.2%, reaching a value of USD 12.1 billion by 2030. A kind of treatment called somatic therapy concentrates on the body and how it interacts with the mind. Chronic pain, mental health issues, and other ailments that are considered to be brought on by or made worse by stress and anxiety are frequently treated with it. Numerous treatments, including massage, movement therapy, and breathwork, can be used in somatic therapy. The prevalence of mental health issues and chronic pain is rising, and so is public awareness of the advantages of Somatic Therapy. These factors are driving this increase.

The somatic therapy market is expanding mostly due to the rising incidence of chronic pain and mental health conditions. Over 2 billion individuals have chronic pain globally, and over 1 billion people experience mental health illnesses, according to the World Health Organisation. Since these disorders may be effectively managed with somatic therapy, demand for this type of treatment is anticipated to rise as their prevalence rises.

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Who are the Top Key players operating the global Somatic Therapy Market:
Spark Therapeutics LLC, Bluebird Bio, UniQure N.V., Juno Therapeutics, GlaxoSmithKline, Chiesi Farmaceutici S.p.A., Bristol Myer's Squibb, Celgene Corporation, Human Stem Cell Institute, Voyager Therapeutics, Shire Plc, Sangamo Biosciences, Dimension Therapeutics

Somatic Therapy Market, By Segmentation:
Somatic Therapy Market segment by Type:
Product (Kits and Assays, Instruments, and Software)
Services

Somatic Therapy Market segment by Application:
Academic and Research Institutions
Hospitals and Diagnostic Laboratories
Pharmaceutical and Biotechnology Companies
Contract Research Organizations
Others

Somatic Therapy is anticipated to have the greatest market in North America, followed by those in Europe and Asia-Pacific. Chronic pain and mental health illnesses are becoming more common, and people are becoming more aware of the advantages of somatic therapy, which is what is driving the market growth for somatic therapy in North America.

Globally, the COVID-19 epidemic has had a serious effect on mental health. Many people's mental and emotional health have been impacted by the pandemic's stress, uncertainty, isolation, and bereavement. As a result, there is a higher need for somatic therapy and other mental health therapies. Many people experienced increased anxiety, despair, and stress during the epidemic, which may have shown up as somatic complaints or medical symptoms. By addressing both the psychological and physical parts of their experiences, somatic therapists have been essential in aiding people in processing and coping with these difficulties.

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Another factor fueling market expansion is the increased understanding of the advantages of Somatic Therapy. The benefits of somatic therapy for enhancing both physical and mental health are becoming more widely acknowledged. Somatic therapy has been shown to be beneficial for treating a number of illnesses, including chronic pain, according to a growing body of studies.

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4. Outlining the main prevalent trends in competitive landscaping.
5. Profile of the company, including strategies, finances, and current developments in detail.
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Table of Content
Chapter 1: Global Somatic Therapy Industry Overview
Chapter 3: Market Dynamics
Chapter 4: Top Company Profiles
Chapter 5: Global Somatic Therapy market Competition, by Players
Chapter 6: Global Market Size by Regions
Chapter 7: Global Market Segment by Application
Chapter 8: Global Somatic Therapy Industry Segment by Type
Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Marketing Strategy Analysis, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global Somatic Therapy market Size Forecast (2023-2030).
Continue...

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Infinity research reports, custom research reports, and consulting services are all offered by the market research and consulting firm Infinity Research. Our products are solely focused on your need to identify, track, and assess changes in consumer behavior across demographics and industries so that customers may make wiser business decisions. Our market intelligence studies cover a variety of industries, including Healthcare, Touch Points, Chemicals, Types, and Energy, and guarantee accurate and factual research. To guarantee that our clients are aware of the most recent market trends, we regularly update our research services. The professional analysts at Infinity Research come from a wide range of specialties. Our clients can gain an advantage thanks to our expertise in the field and capacity to come up with a workable solution to any research issues.

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